In a decisive move, Education Students Association of Nigeria (ESAN) financial secretary, Ekundayo Oluwasegun (El Nino) and treasurer, Ibitokun Samuel Adedeji (Konte) have been fined after an investigation into the misappropriation of funds. The Rt Honourable Speaker, Ojo Praise Oluwafemi announced their fines during the parliamentary sitting at the Sec. laboratory on Friday 26th April, 2024.
The inquiry revealed that the financial secretary and treasurer had misappropriated a sum of six thousand naira (₦6,000) as the money was not deposited into the association account.
Also, the fines imposed on the individuals are 3,000 each. The payment of the six thousand naira and three thousand each should be paid on Monday 29th April by 10 am to the association account and the receipt of payment should be submitted to the clerk.
The decision to levy fines on the financial secretary and treasurer underscores the faculty’s commitment to upholding the highest standards of integrity and accountability. This sends a clear message that such actions will not be tolerated and highlights the importance of ethical conduct in financial management.
It should be recalled that the erstwhile Financial Secretary of the Education Students Association of Nigeria, Adeyemo Israel politically known as Sheynormal was impeached by the parliamentarians for misappropriation of funds.
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